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LatEST published working paperS

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Isabelle Guérin
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Sébastien Michiels
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Arnaud Natal
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Christophe Jalil Nordman
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Govindan Venkatasubramanian

  WP-CEB: N°20-009

Isabelle Guérin, Sébastien Michiels,
​ Arnaud Natal, Christophe Jalil Nordman & Govindan Venkatasubramanian

"Surviving debt, survival debt in times of lockdown"
This article focuses on the consequences of the Indian lockdown in terms of debt. It is based on an ongoing study in a rural area of Tamil Nadu, South India. It draws on a long-term knowledge of this region, longitudinal quantitative household survey data on employment, debt and assets (2010-2016/17) as well as qualitative surveys conducted by telephone since the beginning of the lockdown in March 2020.
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Hadar Gafni
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Anaïs Périlleux
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Marek Hudon

  WP-CEB: N°20-008

HADAR GAFNI, MAREK HUDON &
​ANAIS PERILLEUX

"Business or basic needs? ​The impact of loan purpose
​on social crowdfunding platforms"
Crowdfunding has created new opportunities for poor microentrepreneurs. One crucial question is the impact that the purpose of a loan—either business investment or basic necessities—may have on the success of a campaign.
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Jean Lacroix

 WP-CEB: N°20-007

JEAN LACROIX
"Ballots instead of Bullets? The effect of the Voting Rights Act on political violence"
The extension of voting rights epitomizes the construction of modern democracies. This paper empirically investigates the effect of such an enfranchisement on political violence in the context of the US Voting Rights Act (VRA - 1965). 

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LatEST PRESS ARTICLES

VOX EU - CPR

Jean Lacroix
Pierre-Guillaume Méon
Kim Oosterlinck
10 July 1940, Vichy, France: Lessons on dynasties from a democratic suicide

BOOKS

UCB
The First Ninety Years 1928-2018
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by Kenneth Bertrams
Editions Lannoo
2019
Is Corruption Curable ?

by Khalid Sekkat
Palgrave Macmillan
​2018 

AWARDs

2019 WARREN SAMUELS PRIZE

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Anastasia Cozarenco
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Valentina Hartarska
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Ariane Szafarz
CEB and CERMi are proud to announce that the 2019 Warren Samuels Prize was awarded to the article “Too Many Cooks Spoil the Broth: The Conflicting Impacts of Subsidies and Deposits on the Cost-Efficiency of Microfinance Institutions” authored by Anastasia Cozarenco (Montpellier Business School, France, and CERMi), Valentina Hartarska (Auburn University, USA) and Ariane Szafarz (ULB, SBS-EM, Centre Emile Bernheim, and CERMi, Belgium).
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The Warren Samuels Prize is awarded by the Association for Social Economics (ASE) to a paper, presented at the Allied Social Science Associations (ASSA) Meetings, that best exemplifies scholarly work that is of high quality, is important to the project of social economics, and has broad appeal across disciplines.
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The rewarded article evaluates how subsidies affect the cost-efficiency of microfinance institutions (MFIs) while accounting for endogenous self-selection into the business models of credit-only versus credit-plus-deposit MFIs. The findings suggest that unsubsidized credit-plus-deposit MFIs have achieved optimal capacity and therefore constitute the most cost-efficient group of institutions. In addition, the unsubsidized credit-only MFIs are the farthest away from their minimum cost. Between the two polar cases, there are subsidized institutions, among which the credit-only ones are closer to optimal capacity. The results reveal the redundancy between subsidization and deposit-taking in microfinance. Combining funds from donors and depositors tends to harm cost-efficiency.

LA JOURNÉE DE LA RECHERCHE 2019

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Valentine Fays
Valentine Fays (doctorante ULB-UMONS) a obtenu le Prix de la Journée de la Recherche décerné par la Fédération Wallonie-Bruxelles pour un article intitulé "Discrimination salariale envers les migrants: quels impacts du pays de naissance et de la concurrence sur le marché des produits?".
​Les auteurs de l'article sont les suivants: Valentine Fays, Benoît Mahy, François Rycx et Mélanie Volral.
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Last update
14.08.20